Apollo Global Management Retirement Services — Alternative net investment income increased by 7.2% to $344.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 27.9%, from $269.00M to $344.00M. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates successful alpha generation from alternative investments, while a decrease may suggest market volatility or underperformance in non-traditional asset classes.
Represents the net investment income generated from alternative asset classes, such as private equity, real estate, or c...
Similar to alternative investment income reported by other large alternative asset managers or insurance companies with significant private market allocations.
apo_segment_retirement_services_alternative_net_investment_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $447.70M | $186.30M | $249.60M | $322.00M | $185.00M | $259.00M | $230.00M | $190.00M | $266.00M | $168.00M | $236.00M | $269.00M | $315.00M | $319.00M | $321.00M | $344.00M |
| QoQ Change | — | — | — | — | -58.4% | +34.0% | +29.0% | -42.5% | +40.0% | -11.2% | -17.4% | +40.0% | -36.8% | +40.5% | +14.0% | +17.1% | +1.3% | +0.6% | +7.2% |
| YoY Change | — | — | — | — | — | — | — | -58.7% | +39.0% | -7.9% | -41.0% | +43.8% | -35.1% | +2.6% | +41.6% | +18.4% | +89.9% | +36.0% | +27.9% |